I hear and read a lot of comments on this. It is true none of us know what is going to happen in the future. One thing about the market environment we are in now is that we have almost the lowest interest rates we have seen in the last few decades and historically real estate prices in allot of markets are below where they were almost ten years ago. We have seen upward trend the last two years and a shortage of inventory on the market. The shortage of inventory brings into play the rule of supply and demand. Short supply and high demand generally is what creates prices to rise. So based on the current trends it does look like the market is going higher.And based on all the information we see it just might be the best time to buy. I have to include that there is always risks to any endeavor so do your due diligence.
That depends on the lease agreement you signed if you did. Generally you do pay the rent that is due for the month. Did you put down first, last and a security deposit? I would advise you to speak to an attorney if your lease is not clear about the terms. Your question is a little vague, not having all the information it's hard to really give you the right answers.
You can contact a local Realtor they would be able to list your property on the MLS. They would do comparables to make sure you are priced right for your market. There is generally a fee for listing your property with a Realtor although the advice, guidance and work you get in return can save a lot time and headaches of doing it yourself especially if you are not experienced in renting property. Or you could advertise it yourself in the local news paper, Craig's list etc. it is very important that you explore the pricing for rentals in your area. That can be done by searching like rental properties online for in your area as well.
Pasadenan posted a not so kind response to my post below.(All you have to do is contact me to sell your home. I will make sure you have all the information you need to price and sell your property. If you were going to have surgery would you do it yourself or would you use a professional? )Not very proffesional at all. I guess this person does not understand referals.I stated I would make sure you had all you needed to price and sell your home. I would simply refer you to one of our proffesionals in your area. Keller Williams is the second largest Real Estate company in the United States. That is what a proffesional does, we do everything we can to help our clients. Please see my reviews from past clients.
All you have to do is contact me to sell your home. I will make sure you have all the information you need to price and sell your property. If you were going to have surgery would you do it yourself or would you use a professional? [Promotion removed by Zillow moderator. Please see our Good Neighbor Policy.]SincerelyJim Grice Keller Williams Realty[phone removed by Zillow moderator]
If you don't get any showings in ten days of listing your property or ten showings with no offers you are probably over priced. Remember the Market/Buyers in your area set the asking price.I would be happy to review your situation and help you get your home sold.Sincerely,Jim GriceKeller Williams Realty[phone removed by Zillow moderator]